Meta Platforms, Inc. $META Stock Holdings Trimmed by Overbrook Management Corp

Key Points

• Overbrook Management reduced its Meta position by 13.3% in the third quarter, selling 5,405 shares and retaining 35,178 shares valued at approximately $25.5 million. Meta represents 4.1% of the firm’s portfolio.
• Institutional investors own nearly 79.9% of Meta’s outstanding shares, while insiders sold 148,222 shares worth about $101 million over the past 90 days, including sales by Christopher Cox and Mark Zuckerberg under pre-arranged trading plans.
• Meta reported 28% year-over-year revenue growth to $60.8 billion but missed quarterly EPS estimates, earning $6.18 versus the $7.19 consensus. Analysts maintain a “Moderate Buy” consensus with an average price target of $791.86, and the company pays a quarterly dividend of $0.525 per share.

Overbrook Management Corp lowered its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 13.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,178 shares of the social networking company's stock after selling 5,405 shares during the quarter. Meta Platforms accounts for 4.1% of Overbrook Management Corp's investment portfolio, making the stock its 12th biggest position. Overbrook Management Corp's holdings in Meta Platforms were worth $25,510,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Auto Owners Insurance Co increased its position in Meta Platforms by 76,587.7% during the 4th quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company's stock worth $69,502,379,000 after purchasing an additional 105,154,977 shares in the last quarter. Corient Private Wealth LP grew its stake in shares of Meta Platforms by 723.1% in the second quarter. Corient Private Wealth LP now owns 8,801,764 shares of the social networking company's stock valued at $4,957,946,000 after buying an additional 7,732,446 shares in the last quarter. Jupiter Topco LLC purchased a new stake in shares of Meta Platforms during the 2nd quarter valued at about $2,948,486,000. Corient Private Wealth LLC raised its holdings in shares of Meta Platforms by 488.1% during the 4th quarter. Corient Private Wealth LLC now owns 5,466,595 shares of the social networking company's stock valued at $3,608,445,000 after buying an additional 4,537,076 shares during the period. Finally, State Street Corp lifted its position in Meta Platforms by 4.0% during the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company's stock worth $51,841,811,000 after acquiring an additional 3,510,123 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Insider Activity

In other news, insider Christopher Cox sold 40,000 shares of the stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the transaction, the insider owned 184,516 shares of the company's stock, valued at approximately $131,515,624.16. This trade represents a 17.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark Zuckerberg sold 27,474 shares of Meta Platforms stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $777.44, for a total value of $21,359,386.56. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 148,222 shares of company stock worth $101,033,627. 13.53% of the stock is currently owned by corporate insiders.

Meta Platforms Stock Down 0.1%

META stock opened at $720.89 on Friday. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $779.82. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $1.84 trillion, a P/E ratio of 27.15, a PEG ratio of 1.26 and a beta of 1.19. The firm has a 50 day simple moving average of $637.74 and a 200-day simple moving average of $619.40.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($1.01). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. During the same period in the prior year, the company earned $7.14 earnings per share. The company's revenue was up 28.0% on a year-over-year basis. On average, equities research analysts predict that Meta Platforms, Inc. will post 27.94 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, September 21st were given a $0.5250 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms's payout ratio is presently 7.91%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. DZ Bank restated a "buy" rating on shares of Meta Platforms in a report on Thursday, July 30th. Citic Securities decreased their target price on shares of Meta Platforms from $770.00 to $718.00 and set a "buy" rating for the company in a research note on Monday, August 3rd. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $800.00 price target (down from $850.00) on shares of Meta Platforms in a report on Thursday, July 30th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $725.00 price target (down from $815.00) on shares of Meta Platforms in a research note on Thursday, August 27th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Meta Platforms in a report on Tuesday, September 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus price target of $791.86.

More Meta Platforms News

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Meta’s growing role in the micro-drama market could create a new advertising revenue stream. Short-form serialized shows are expanding beyond China, and the platform is becoming an important distribution channel for this content. Why Meta is winning the micro drama wars
• Positive Sentiment: Wells Fargo reportedly set a $1,000 price target, citing AI as a potential catalyst, while TD Cowen reaffirmed its “buy” rating with an $865 target. These targets imply analysts see substantial upside if Meta converts AI investment into higher engagement, advertising and commerce revenue. Meta Could Hit $1,000, Says Wells Fargo
• Positive Sentiment: Meta’s Muse assistant continues to expand, including a new iPad app, and the company is working with Sierra, Shopify, Stripe and Walmart on standards for AI agents to interact with businesses. Successful agentic commerce could eventually provide Meta with transaction-based revenue. Meta's Muse launches on iPad
• Neutral Sentiment: President Donald Trump disclosed purchases of as much as $25 million in Meta stock, a headline that may support investor sentiment but does not change the company’s fundamentals. Trump bought up to $25 million in Meta
• Negative Sentiment: Jefferies found that roughly one-third of tested websites blocked Meta’s Muse agent. Access limitations could delay Meta’s plans to earn transaction fees from AI-powered shopping and other agentic-commerce services. Meta's Muse AI agent blocked by websites
• Negative Sentiment: Florida is pursuing restrictions on Meta’s platforms, including a possible ban for users under 14 and limits on infinite scrolling for teenagers. Such rules could reduce engagement, advertising inventory and the effectiveness of Meta’s core products while increasing legal costs. Meta Stock Falls as Florida challenges infinite scroll
• Negative Sentiment: Investors remain concerned that Meta’s substantial AI data-center spending is consuming cash before returns are clear. Commentary also highlights criticism of CEO Mark Zuckerberg’s AI strategy and the risk that AI infrastructure becomes a prolonged cash-flow drag. Why AI Infrastructure Is Turning Meta and Amazon Into Cash-Flow Sinks

Meta Platforms Company Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.

Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.